UK to cut annual sales of £7m of books and film by 2019

The UK is planning to cut its annual sales by a third in 2019, as it attempts to slash its massive digital footprint and focus on the local market, the publishers said in a statement on Monday.

The country’s government, the Royal Charter, announced last week that it would cut its book sales by up to 2.5 percent by 2019 and slash its film and video sales by 5 percent.

The books would fall by 2.9 percent, the statement said.

The RCA said it was considering a “novel” as a possible source of savings.

The UK is facing a budget deficit of £13 billion ($18.8 billion) for the fiscal year that ends in March 2019.

The government is aiming to achieve a surplus in the same period, which is forecast to be between 2.8 percent and 3.1 percent of gross domestic product (GDP).

The RBC estimates that the books and films will fall by 4.4 percent.